Hydrogen’s Recapitalization Cycle: Thirty Years of Survival Without Profit

CleanTechnica
By Michael BarnardMar 16, 2026, 9:00 pm121 pts
For roughly three decades a group of publicly traded hydrogen and fuel cell companies has persisted through repeated cycles of enthusiasm and disappointment. Ballard Power was founded in 1979. FuelCell Energy traces its technology roots to the late 1960s. Plug Power was created in 1997 and went public in 1999.…

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